The Joy of Missing Out on SpaceX’s I.P.O.

Elon Musk may be about to become a trillionaire.

Many of the people who work for him at SpaceX are about to hit seven-figure jackpots — or more — via the company’s initial public offering.

And individual investors are lining up for a chance to buy shares for the $135 opening price. There are so many of them that some brokerage firms are, in effect, running a lottery for $135 tickets.

Do you have fear of missing out? That’s natural, maybe inevitable. But this is a fine time to remind yourself that you can in fact win if you don’t play this week. JOMO, the joy of missing out, is a reasonable alternative to FOMO.

SoFi, one of the brokerage firms whose customers can try to participate in the I.P.O., offers varying perspectives on the question of whether to do so. In 2024, it used words like “exciting” and “empower” in a release describing its efforts to give some investors indirect access to SpaceX via so-called private-market funds. In 2025, it ran an article with the headline “How to Avoid FOMO Trading.”

Article source: https://www.nytimes.com/2026/06/11/business/spacex-ipo-investing.html